Tag: Allegion
Product Launches: Telaeris, IDIS, Hikvision, Allegion
April 18, 2024SSN Staff
Telaeris
XPressEntry software integration
Telaeris has announced from the International Security Conference & Exposition (ISC West) its new XPressEntry software integration with ZKTeco USA access control solution. Telaeris‘ XPressEntry handheld badge and biometric readers enhance access control and security management by providing a flexible, mobile solution that goes beyond traditional door readers and addresses specific safety and security challenges.
security.gallagher.com
IDIS
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SIA names Bobby Prostko as Data Privacy Advisory Board chair
April 4, 2024SSN Staff
SILVER SPRING, Md.—The Security Industry Association (SIA) has appointed Robert “Bobby” Prostko, Allegion chief privacy officer and deputy general counsel, to serve as the new chair of its Data Privacy Advisory Board.
The SIA Data Privacy Advisory Board – leveraging the collective expertise of industry professionals, law enforcement, security practitioners and data privacy experts – provides information and best practices to help SIA members handle...
PSA Network unveils 2024 P3 partners
April 3, 2024SSN Staff
WESTMINSTER, Colo.—The PSA Network, the world’s largest consortium of professional systems integrators, has announced the PSA Partner Program (P3) members for 2024.
The P3 program is a performance-based initiative designed for technology partners. It assesses and categorizes partners according to a set of criteria that mirror their achievements and impact within the network.
Partners meeting the minimum annual sales threshold undergo evaluation on a weighted scale. The cumulative...
Allegion acquires Dorcas
March 4, 2024SSN Staff
DUBLIN – Allegion has announced its acquisition, through one of its wholly owned subsidiaries, of Dorcas (Montajes electronicos Dorcas S.L.).
A leading manufacturer of electro-mechanical access control solutions, Dorcas is a privately held company based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access control solutions and door control products. Dorcas solutions...
Allegion Q4 report shows a return to trends
February 23, 2024SSN Staff
DUBLIN – Allegion, a global security products and solutions provider, have reported on the financial results for its fourth quarter (Q4) (ended Dec. 31, 2023).
The company reported fourth-quarter 2023 net revenues of $897.4 million and net earnings of $118.6 million, or $1.34 per share. Adjusted net earnings were $148.5 million, or $1.68 per share, down 0.6%, excluding charges related to restructuring, acquisition and integration costs and other non-cash impairment charges, as well as amortization...
Allegion announces strategic integration with Genea
February 15, 2024SSN Staff
CARMEL, Ind. – Allegion U.S. has announced a strategic integration with Genea, a cloud-based access control security platform provider, to enhance organizations’ ability to effectively manage access, enhance security and streamline operations wirelessly.
Allegion said that this collaboration expands the array of wireless lock options available for new door openings and underscores the significance of interoperability, allowing users to integrate locks based on the credentials...
CBORD, Allegion collaborate with Baylor University on NFC mobile credentials
January 11, 2024SSN Staff
WACO, Texas – Baylor University has announced the launch of NFC wallet-based mobile credentials on its campus in collaboration with CBORD and Allegion.
CBORD said that this move positions Baylor as a trailblazer among Big 12 universities and exemplifies the institution's dedication to enhancing the campus experience for students, faculty and staff.
“This alliance with Baylor University signifies our commitment to technological advancement,” said Dan Park, president...
SSN, SIA WISF to continue partnership to promote diversity in 2024
January 3, 2024Cory Harris, Editor
YARMOUTH, Maine, and SILVER SPRING, Md.—Security Systems News is proud to be partnering again this year with the Security Industry Association's (SIA’s) Women in Security Forum (WISF) to spotlight an incredibly diverse list of security professionals to be highlighted in special features throughout 2024.
SSN and SIA WISF began the partnership in 2021 and in 2022, expanded coverage beyond one issue with one person profiled in each issue, as well as online at www.securitysystemsnews.com.
"Security...
Allegion elevated as promoter and board member of Connectivity Standards Alliance
September 6, 2023SSN Staff
CARMEL, Ind.– Security products provider Allegion has been named a promoter member of the Connectivity Standards Alliance (the Alliance) and elevated to a seat on the Alliance Board of Directors.
Made up of more than 600 companies, the Alliance creates, maintains, and delivers open global standards for the Internet of Things (IoT). As a part of this organization, Allegion will help develop and promote those standards, which are expected to improve user experiences in smart home and smart...
Allegion Q2 results show continued momentum
July 26, 2023SSN Staff
DUBLIN – Allegion held its 2023 second quarter earnings call on July 26, and the results are a year of positive gain and increased expectations.
These results mirror a surprisingly well-padded first quarter that could not be dampened by the soft residential market. Now several months later Allegion is reporting revenues of $912.5 million, up 18% on a reported basis and up 5.6% on an organic basis in the second quarter of 2023.
“In Q2, strength across both residential and nonresidential...